UK to face gas price rises?

Fix energy prices until 30th September 2017

Looking to switch your business energy supplier? Click here

Use our OFGEM accredited comparison tool to compare the whole market today.

Consumers in the UK could see the cost of their gas bills going up after plans to upgrade and repair supply lines have been announced.

National Grid and other companies operating Britain's gas infrastructure have asked for increase funds to carry out the work, but that could translate to consumer prices.

It is believed that UK customers could end up paying a total of £1.3 billion towards the £12 billion project, on top of the fifth of their bill that already goes towards supply maintenance.

This could see bills rising by around £50 over the next five years, consumer group Energywatch has claimed. The news follows the first decline in gas prices recently for three years.

Regulator Ofgem told the Express: "While Ofgem is forcing the companies to be as efficient as possible, the costs gas distribution networks face for delivering a nationwide gas mains replacement programme to improve safety are also rising."

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.